CapitalVia Morning Updates

"One way to keep momentum going is to have constantly greater goals." Good Morning

☛ This morning it's a weak start for stocks on the Indian bourses with investors indulging in some profit taking after the previous session's sharp upmove.

☛ The Nifty is trading at Rs 6,108.00, down 8.80 points.

☛ The Sensex fall down 34 points or 0.15% to 20,572.00 from previous close.

☛ Indian Rupee rose in early trade to trade at 62.46/47 versus its previous close of 62.50/51.

☛ Stocks to Watch: Bharti Airtel, United Spirits, #Bharti Airtel, Bafna Pharma, Tata Power

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CapitalVia morning Update

Share Market Buzzer :

■■ After the slaughter in late trade on Wednesday, the market continues to slide today.

■■ The Nifty is trading at Rs 20,449.09, down 56 points and Sensex plunged nearly 175 points to 20,461.70.

■■ Indian Rupee opens weak at 62.90 per dollar, down 32 paise.

■■ Stocks to Watch: Reliance Industries Ltd, Jet Airways Ltd, IOC, Bombay Dyeing Ltd, Ipca Laboratories Ltd, Bhushan Steel Ltd

CapitalVia Global Research Limited

CapitalVia Morning Updates

"A goal is a dream with a deadline." Good Morning

• US stocks posted mild losses on Tuesday, with the S&P 500 recording its first two-day decline of the month.
• Federal Reserve chairman Ben Bernanke assured markets that interest rates would remain low for some time to come.
• Asian stocks declined today despite dovish comments from Ben Bernanke.
• Indian Equity Market open with a consolidate trend, Sensex is down by 52 points and Nifty is 18 points off.  
• Indian Rupee continues its upward momentum as it gained 12 paise in the early trade at 62.24 per Dollar.

CapitalVia Reviews

CapitalVia: Morning Updates

Good Morning All

■■ Share market start its trading session at flat note.Sensex is up 41.04 points at 20532.00, and the Nifty is up 8.45 points at 6087.25. About 241 shares have advanced, 70 shares declined, and 18 shares are unchanged.

■■ The rupee slipped further in early trade on Tuesday. It opened lower by 18 paise at 63.42 per dollar as against previous closing of 63.24 per dollar.

September IIP and October CPI data will be closely eyed today. The market may still remain in a range today. Rcom, Fortis Healthcare and HPCL results will be in focus today.

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CapitalVia Reviews

CapitalVia: Sensex and Nifty both opened with Down

■■ Share market start its trading session at flat note,both indices continue to remain undecided after a recent ascent.Sensex is down 131.30 points at 20534.85,Nifty is down 44.20 points at 6096.55.

■■ Weakness in the rupee is expected to continue as reports indicate that dollar demand by state-run oil marketing companies will continue.

The ongoing tussle between Tata Power and Reliance Infrastructure continues.

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CapitalVia Morning Updates

■■ Share market start its trading session at flat note,Sensex and Nifty fight to get into the green with negative bias.

■■ The rupee would be in focus too.Indian rupee opened flat at 62.40 per dollar on Thursday as against previous day's closing of 62.39 per dollar.

■■ Stocks in news: NTPC, Sun Pharma, Coal India, Wipro and Dr Reddy's Labs.
The US indices ended higher; Friday's nonfarm payrolls data will be closely eyed to get a semblance of when the Fed will start tapering its $85 bn-a-month bond-buying programme.

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Energy Commodity Update by CapitalVia

CapitalVia Global Research Limited

Crude oil prices were looking weak on Friday as weak economic data from Euro zone raised concerns over demand from the region and Germany too. German retail sales and consumer climate both fell below expectations.

However, the downside was limited as the US refinery maintenance season is about to end, which could help in reducing stockpiles as refineries boost output. US President continued efforts to hold off more sanctions on Iran ahead of the meet on November 7-8 to discuss the nuclear program.

Crude oil prices are expected to go down as expectations of reduced sanctions on Iran and optimism over a resolution to the Libyan oil disruption can push prices down.

For the coming week 5710/5500 will act as major supports levels whereas 6110/6400 will act as major resistance in MCX Crude oil October futures. For the next week, trader can go for sell on higher level strategy, if MCX Crude October future sustain below 5930 levels then it could test the levels 5855/5710.